Ch 4 · Limited Liability Partnership Act, 2008

5 concept points · 0 formulas · 4 exam-critical points.

🗺️ Chart summary

LLP Structure
       |
       +-- Body corporate (sep. legal entity)
       +-- Partners (≥ 2)
       +-- Designated Partners (≥ 2, 1 resident)
       +-- LLP Agreement (Form 3)
       +-- Limited liability for partners